Crikey Worm: In Full Power

CURRENT WATTS

As Australians face record high electricity prices, energy companies have been accused of inflating prices, according to The Australian ($). Firms have been accused of “cartel-like behavior” by forcing domestic manufacturers to accept one-year contracts at high prices, and have been reported to the consumer watchdog.

Guardian Australia reports that electricity could be limited over the next few days with power shortages in New South Wales, Victoria and Queensland. Shortages are expected to hit Queensland from this morning and NSW from 7pm tonight, with residents told to turn off radiators and switch off appliances. Queensland managed to avoid forced blackouts yesterday after the state’s biggest consumers agreed to cut electricity usage, while Australia’s energy market operator declared a price cap for NSW yesterday afternoon.

The shortage is caused by breakdowns and maintenance interruptions affecting around a quarter of coal-fired power plants on the east coast, according to The Sydney Morning Herald, causing price spikes.

Queensland currently has the highest electricity prices in the country, according to SBS, with 70% of the state’s generation coming from fossil fuels. Despite the increase in supply in the first quarter of 2022, the FRG ($), prices rose further even as Australian gas exports slowed thanks to a significant increase in demand across the country.

FROZEN OR THAWED?

It is unclear whether Australia’s relationship with China is improving or worsening, with media reporting on both sides of the coin as leaders met to discuss the trade freeze for the first time For years.

The Sydney Morning Herald reports that the Deputy Prime Minister and Minister of Defense Richard Marles will look to Japan for help on his trip to Tokyo. Marles said Australia would continue to fly over the South China Sea near the disputed territory and would call for more military exercises with Japan and stronger military ties between the two countries.

But while we were doing a strongman show with Japan, things were rosier during lunch, The Sydney Morning Herald reports, with a breakdown of the infamous dinner at a Shangri-La hotel in Singapore on Friday. The dinner marked a thaw in Australia’s diplomatic relations with Beijing. Marles and the Chinese Minister of Defense Wei Fenghe sitting across from each other, forced to choose between conversation and awkward staring. They chose conversation.

But a glass of pinot gris can’t fix everything, foreign minister Penny Wang has warned. As reported in The Australian ($), Wong said Australia would not compromise its values ​​to convince China to end its trade strikes.

STAMP OF DISAPPROVAL

Premier of New South Wales Dominique Perrotet will meet the Prime Minister Anthony Albanian this Friday to request federal assistance to remove the stamp duty, Guardian Australia reports, Perrottet calling it an “intrinsically terrible” tax.

Under his proposal, buyers will be able to choose to pay an annual property tax instead of a lump sum on purchases to help boost home ownership and boost annual incomes for NSW residents, according to the ABC.

As The Sydney Morning Herald ($) reports that the move is expected to be a key part of next week’s state budget – although the opposition NSW Treasury spokesman Daniel Mookey warned that scrapping the tax would put additional pressure on working families who cannot afford the annual fee.

ON A LIGHTER NOTE

TikTok and Instagram influencers could turn to Bunnings to make big bucks after the hardware retailer revealed it was trying to ‘reimagine’ its business to meet the needs of Gen Z, according to The Australian ($).

It’s hard to believe those born at the turn of the century are now adults planning to decorate their homes – or their parents’ homes – but Bunnings thinks this is an untapped market for DIY projects. despite record levels of home ownership.

Speaking at the Global DIY Summit in Denmark, the CEO of Bunnings Michael Schneider said he plans to help younger kids reinvent their parents’ living spaces for them.

May your projects today be smooth and successful.

SAY WHAT?

The mayor was certainly inebriated but I don’t know his level of intoxication when he spoke with the president.

Jason Miller

The U.S. House committee investigating the Jan. 6 Capitol riots heard from former donald trump campaign staffer that the then president listened to drunken advice from Rudy Giulani instead of his professional campaign advisers.

‘Our reputation is trashed’: Sydney Morning Herald staff email slams Rebel Wilson spinoff management

“The email, obtained by Crikey from multiple sources, lambastes Nine’s editorial decisions, ongoing negotiations over corporate bargaining agreements, and management.

“‘In March, with the ‘strike’ fiasco, we were a national laughingstock – but now we have captured international attention,” the email read.

“’Our reputation is ruined. Management silences us on social media and treats our audience with contempt. And we don’t even get paid for inflation. What’s the point?'”

The ABC lies in power and Buttrose takes control

“As a practical matter, an independent ombudsman adds to an already stringent – ​​if not onerous – set of requirements imposed on ABC journalists who attempt to hold power to account. There is already an established complaints process. If a complainant is unhappy with this, they have the right to appeal to the Australian Communications and Media Authority. Apart from that, there are the defamation courts. There is the ABC Media monitoring. And on top of all that, there’s the relentless stalking of News Corp seeking to amplify any perceived slights or errors.

And yet, ABC’s board felt more was needed – a sign either that it’s really gone off the rails, or that it’s overreacted, perhaps swept away by a climate of crisis that’s swirling around. is aggravated over the duration of the Morisson government.”

Rebel Wilson, Bevan Shields and the art of (un)apologies on Twitter

“It’s a strange claim, considering the fact that the SMHexit intention [Rebel] Wilson was literally in the first line of the article. [Andrew] cornea opens with: “In a perfect world, ‘dating’ same-sex relationships should be a redundant concept in 2022. Love is love, right? As Rebel Wilson knows, we don’t live in a perfect world. He then goes on to describe how the newspaper revealed it.

“‘I hadn’t made any decision as to whether or what to post,’ Shields continues in his non-apology. ‘And the Herald’s the decision on what to do would have been informed by any response Wilson provided.

READ ALL ABOUT IT

The Secret Sexual History of Rape Activist Christian Porter Jo Dyer (The Australian) ($)

Star Entertainment disputes trigger new investigation, license under review (The Australian) ($)

What you need to know about bear markets (The New York Times) ($)

S&P 500 opens in bearish territory as stocks drop around 2% (Wall Street Journal) ($)

Global Stockpile of Nuclear Weapons Set to Rise: SIPRI (Al Jazeera)

Buzz Lightyear movie banned from cinemas by UAE (BBC)

Ukraine fears defeat in the East without increased military aid (Wall Street Journal) ($)

High-ranking Afghan officials fled to luxury homes abroad (Wall Street Journal) ($)

The diplomatic freeze between Australia and China is over. Here’s what it means (SBS)

Wikipedia appeals Russian court order to suppress information about war in Ukraine (ABC)

‘Immunity is on the decline’: Andrews seeks fourth blow for hospital workers (Age) ($)

THE COMMENTARY

The Albo team builds on the work of Morrison – Greg Sheridan (The Australian) ($): “The Albanian the success of the government in obtaining this ministerial dialogue owes much to the Morisson the government’s determination not to give in to years of intimidation from Beijing.

“We don’t know all of Beijing’s calculations, but we can assume it worked in trying to coerce Australia on issues such as Chinese interference in our politics, investment in our critical infrastructure, involvement of Huawei to our 5G network, media and political criticism on Chinese human rights and national positions on the South China Sea, Hong Kong and the persecution of Uyghurs in Xinjiang will not work.The Morrison government was strong in this area and the Albanian government has maintained this strength in slightly moderate language, so let’s not forget the achievements of Scott Morrison.

What it took for a country with a strong gun culture to abandon them – Aaron Timms (The New York Times) ($) “Australia loses as much as it gains from this constitutional loophole – a point that is often lost in US media coverage of gun policy in the emotional days following a mass shooting. Herculean effort that would be required to repeal the Second Amendment, Australia’s gun reforms came into force relatively easily.But without a Bill of Rights, there is no constitutional framework in Australia to prevent mandatory and indefinite detention of asylum seekers, or to insulate freedom of expression from the chilling effect of libel suits.

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